Fakeout
DeFiA fakeout is when the price of a cryptocurrency briefly moves in one direction, making traders believe a new trend is starting, but then quickly reverses back, showing that no real trend was happening.
- Definition
- A fakeout is when the price of a cryptocurrency briefly moves in one direction, making traders believe a new trend is starting, but then quickly reverses back, showing that no real trend was happening.
Top tokens across all chains
SOLWrapped SOL$66.50$4.17B
USDCUSD Coin$1.00$1.47B
USDTTether USD$1.00$1.40B
DAIDai Stablecoin$1.00$967.09M
USDCUSD Coin$1.00$857.66M
WETHWrapped Ether$1.68K$801.04M
USDCUSD Coin$1.00$595.90M
WBNBWrapped BNB$600.98$585.92M
cbBTCCoinbase Wrapped BTC$63.74K$532.50M
USDTTether USD$1.00$529.43M